Current through Register Vol. 54, No. 25, June 22, 2024
Section 5.17 - Determining financial need(a) Funds available to defray educational expenses include the financial benefits, grants and income of the qualified child-applicant-from whatever source derived, including Veterans Affairs Survivors' and Dependents' Educational Assistance, Social Security Benefits, Pennsylvania State Grants (PHEAA), Federal Pell Grants, Supplemental Educational Opportunity Grants (SEOG), institutional scholarships and grants, private and noninstitutional awards, as well as the applicant's earnings from employment and his income from interest, dividends or otherwise.(b) The educational expenses of the qualified child include costs incurred in connection with obtaining the education, including tuition, room, board, books, supplies, travel, clothing, recreation and incidentals.(c) An applicant shall be considered to have demonstrated a financial need for the educational gratuity when the educational expenses, calculated under subsection (b) equal or exceed the funds available to defray the educational expenses as determined under subsection (a).The provisions of this § 5.17 adopted August 23, 1991, effective 8/24/1991, 21 Pa.B. 3813.The provisions of this § 5.17 issued under the Military Code, 51 Pa.C.S. § 1704(7).